Plan Ledger DOL Form 5500 · updated monthly

Eye Care, LLC401(k)

DISCOVER VISION CENTERS 401(K) PLAN · INDEPENDENCE, MO · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Eye Care, LLC reported $79,480 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,014 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.24% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 392nd-largest of 1,393 plans among Missouri employers on file, and the 2,369th of 11,911 in health care & social assistance. In 2024, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,101,748
Participants with balances359
Active participants266
Employer contributions$535,595
Employee contributions$1,459,297
Employer contribution per active participant$2,014
Average account balance$103,347
Benefits paid to participants$3,723,921
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$37.1M · 359 accts · $536K emplr
2023$33.2M · 346 accts · $515K emplr
2022$29.2M · 314 accts · $477K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,676
Investment management$16,804
Total administrative$79,480
The Eye Care, LLC 401(k) match · 2024
Employer contribution per active participant$2,014
Median for plans this size$2,416
2024$2,014 per active participant
2023$1,989 per active participant
2022$1,856 per active participant

Eye Care, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK · Recordkeeping$62,676
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$16,804

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$79,480 · 0.23%
2023$71,422 · 0.23%
2022$78,342 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Burrell Inc. MO$47.5M · 0.16%
Mid-America Transplant MO$38.7M · 0.45%
Sound Health Services, P.C. MO$34.6M · 0.06%
Retina Consultants, LTD. MO$33.9M · 0.03%
John Knox Village MO$33.3M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431014325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.